The Cathay Pacific logo on the tails of passenger planes at Hong Kong International Airport. Photo: Bloomberg

Hong Kong’s Cathay Pacific Airways to pay HK$4.93 billion to buy budget carrier HK Express

  • Deal will make company the city’s dominant airline group, in control of three of Hong Kong’s four carriers
  • But Cathay faces challenge from HK Express chairman Zhong Guosong, who has resisted selling the stake he controls
Topic |   Cathay Pacific

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The Cathay Pacific logo on the tails of passenger planes at Hong Kong International Airport. Photo: Bloomberg
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